The cloud technologies at maximum hype in India. Researchers found a global surge in adoption of cloud services after the coronavirus outbreak.
Hisana Thasneem
(Google Cloud Logo | credits: Wikipedia)
The cloud technologies at maximum hipe in India. Researchers found a global surge in adoption of cloud services after the coronavirus outbreak. The surge in cloud services can be related to the winning of sage against a king in chess game and doubling the grains for each consequent square boxes for his win.
Vaibhav Gawde, Head of Oracle-Engineering solutions Indian, mentioned that, "The cloud market is just entering the second half of the chessboard. That means, we can expect a phenomenal growth in the cloud business in future years. The pursuit of lower costs, higher performance, smoother cloud migration and easier integration has made cloud services important for organizations across sectors in varying sizes".
Whereas the current global cloud and private cloud market is USD 213 billion. This ratio has been changing for some time. Currently according to the records, peripheral is a 36 per cent opportunity in worldwide while the core accounts for the balance 64 per cent.
Gawde through his meetings mentioned that as far as the core companies concerned, due to legacy issues and being crucial -availability and performance issues- to the enterprise, almost 80 per cent is on-premises. That cannot be a easy task for enterprise. A total of 80 per cent of the business-critical and 25 per cent of the peripheral together contributed for 60 per cent of the workload that will predominantly be on-premise.
Enterprises and companies are looking for cost optimisation performance, and security to host that kind of workload. Even though there are large number of cloud technologies available they mainly focused on the performance. They want 100 per cent Service Level Agreement to be performed for their customers. If the performance is impacted, then they will be out of business.
Gawde noted that the big Indian customer wants everything hosted on their premises. They want all the services to be available in on the public cloud. That is why much of offers are provided in public cloud. According to NASSCOM, India's cloud computing market is currently estimated to be worth 2.2 billion dollars and It is expected that growth will reach a high rate of 30% and reach $7.1 billion by 2022.